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Exit interviews: Gone with the wind

Posted by CMA Gul S 12 September 2007 4744 Views

"So, why do you want to quit?" "The kind of work I'm doing here is least satisf......" "Is xyz offering you a better profile? Yeah...The kind of..." "Don't you think it's a foolish decision?" The confab went on for about three and a half hours with t

Sarbanes- Oxley Act of 2002

Posted by Mr. PURNA P 12 September 2007 7378 Views

Summary of SOXThe Act has 11 Titles.SECTION 1. SHORT TITLE; TABLE OF CONTENTS.(a) SHORT TITLE.-This Act may be cited as the ''Sarbanes-Oxley Act of 2002''. (b) TABLE OF CONTENTS.-The table of contents for this Act is as follows: Sec. 1. Short title;

Doing Business in India: Budget 2007-2008

Posted by CA Nikita 11 September 2007 6585 Views

Archana Rajaram and Daksha BaxiNishith Desai Associates, Mumbai ________________________________________The Budget presentation by the Indian Finance Minister ('FM') is an important annual fiscal event for the nation. It not only narrates the fiscal

Golden Rules for Career Success

Posted by CMA Gul S 11 September 2007 5384 Views

WORKING as a business consultant allover the world, I have discovered somebasic career-related rules that everyoneshould know-but many don't.Business is made up of ambiguous victories andnebulous defeats. Claim them all as victories.Keep track of wh

Credit Counselling : An Indian Perspective

Posted by CMA Gul S 11 September 2007 6992 Views

(Address Delivered by Dr. Y V Reddy, Governor, Reserve Bank of India at the Foundation Day Function of the Bank of India, Mumbai on September 7, 2006) Mr. Chairman, distinguished guests and friends,I am thankful to Mr. Balachandran for providing this

Deposit Insurance

Posted by CMA Gul S 11 September 2007 4936 Views

The deposit insurance system in India is subject to the Provisions of Deposit Insurance Act (enacted in 1961). Deposit Insurance and Credit Guarantee Corporation (DICGC) is the body that operates the deposit insurance system. Q1 Which banks are insu

Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) deposits

Posted by CMA Gul S 11 September 2007 7072 Views

Interest Rates on Non-Resident (External) Rupee (NRE) Deposits and FCNR(B) depositsPlease refer to paragraph 86 of the Third Quarter Review of the Annual Policy Statement for the year 2006-07 enclosed to Governor's letter No.MPD.BC.288/07.01.279/200

GUIDELINES ON LENDING TO PRIORITY SECTOR

Posted by CMA Gul S 11 September 2007 6186 Views

GUIDELINES ON LENDING TO PRIORITY SECTOR - Revised As announced in the Reserve Bank's Annual Policy Statement for the year 2005-06, the prescriptions relating to priority sector lending have been modified and several new areas included from time to t

The Challenges of Financial Liberalisation for Emerging Market Economies

Posted by CMA Gul S 11 September 2007 4158 Views

The BIS recently announced that the RBI Vice-Governor, Mr Rakesh Mohan, will chair a new working group on "Capital flows and emerging economies". I would like to congratulate him for accepting to explore this complex issue. I will offer some views on

Glimpses of Indian Economy and its Financial Sector

Posted by CMA Gul S 11 September 2007 4967 Views

Chairman Sergey M. Ignatiev and distinguished central bankers of the Bank of Russia,I am grateful to Chairman Ignatiev for inviting me to visit your bank and interact with you for mutual benefit. I have the pleasure of meeting my friend Chairman Ign